CAclubindia Articles

Outward Supply additional disclosures in Form GSTR-3B

Posted by CA Akshay Hiregange 14 July 2022 7974 Views

In order to accommodate new changes in the law and new disclosure requirements, the present GSTR-3B may see some changes soon, as specifically mentioned in the press release of the 47th council meeting. A revised GSTR-3B form may be put up in the public forum for comments and suggestions.

Tips to save up money even during recession

Posted by Suhasini

14 July 2022 3006 Views

In this article, we give you tips on how you can cut down on some costs and how to save some cash.

What is income?

Posted by Taxblock 14 July 2022 4770 Views

Income is the money an individual receives in compensation for their work, services, or investments. For businesses, Income means revenue that a business generates by selling its goods and services. Revenue is the money earned by a company from selling goods or services throughout its operations.

How to Import Masters and Vouchers to Tally?

Posted by Neethi V. Kannanth 14 July 2022 14743 Views

To import masters into XYZ Company, you need to ensure that both the options Maintain stock categories and Maintain batch-wise details are enabled in XYZ Company before importing.

Changes in reporting of input tax credit in GSTR-3B

Posted by Nilesh Mahajan 13 July 2022 15668 Views

Changes in reporting of input tax credit in GSTR-3B [Notification No. 14/2022 - Central Tax dated 5th July 2022 read with Circular No.170/02/2022 dated 6th July 2022]

Refund in case of Duty Free Shops (DFS) at international terminal

Posted by CA Pradeep Sharma 13 July 2022 7041 Views

GST Council 47th meeting also clarify by explaining "Supplies from Duty Free Shops (DFS) at international terminal to outgoing international passengers to be treated as exports by DFS and consequential refund benefit to be available to them on such supplies.

On what criteria will the loan against equity shares be sanctioned to me?

Posted by Vikas Kumar 13 July 2022 2924 Views

You can now take a loan against the equity shares held in your Demat account. This is a convenient way in which you can get the money you were looking for without having to sell any of your assets. You can simply draw a loan and use your equity holdings as collateral.

Errors in AIS on IT Portal? How to Handle it?

Posted by Poojitha Raam Vinay

12 July 2022 14853 Views

One of the important documents for verification while Tax filing is the Summary statement of AIS. The Annual Information Statement (AIS), launched last year, is a comprehensive statement containing details of 46 of the financial transactions like Income, Investment, Expenditure happened in a particular Financial Year.

Illustrative Clause 44 Of Form 3CD for FY 2021-22

Posted by CA Sudhir Halakhandi 12 July 2022 33647 Views

The Clause 44 of the Form 3CD is effective for Assessment Year 2022-23 i.e. for the Financial Year 2021-22 because the compliance of this clause was kept in abeyance till 31/03/2022 but for all the reports submitted after that date the clause is mandatory.